UAE says it dealt with 9 ballistic missiles, 6 cruise missiles and 148 drones

  • Stands ready to deal with any threats
Context

The UAE's announcement of intercepting a significant number of ballistic and cruise missiles, along with drones, highlights escalating tensions in the region. This readiness to address threats could impact energy markets, particularly oil prices, as instability invariably raises risks; watch for potential safe-haven flows into gold and currencies like the USD or JPY.

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